Even after concerted efforts from leaders in the maritime community and some improvement in the numbers, the crew change crisis caused by COVID-19 restrictions continues to create challenges, the Secretary-General of the International Maritime Organization has warned…
In two major pieces of legislation passed by Congress at the end of 2020 and the beginning of this year, Congress addressed the difficulty that many smaller inland and coastal ports have in obtaining funding for their infrastructure projects…
German container shipper Hapag-Lloyd said on Thursday it almost tripled its net result in 2020 due to lower costs and higher freight rates, but shied away from specifying 2021 results due to uncertainty in the coronavirus crisis.The net result in 2020 amounted to 935 million euros ($1…
Ports operator DP World gave an optimistic outlook for 2021 on Thursday, citing pent-up demand for cargo and an easing of geopolitical tensions after the change of U.S. administration.Sultan Ahmed bin Sulayem, who is chairman and chief executive of the Dubai state-owned global ports operator…
As the maritime industry embarks on 'the path to zero', it is widely acknowledged that there is currently not a 'silver bullet' solution, nor is it likely that a solution will emerge from a vaccum. Collaboration is the path forward, and efforts such as MethanQuest offer promise…
The U.S. Senate on Wednesday voted unanimously to confirm veteran government trade lawyer Katherine Tai as the first woman of color to serve as U.S. Trade Representative, putting her to work enforcing trade deals, confronting China’s trade practices and patching up ties with U…
2020 was a year unlike any other for maritime and ports businesses globally. It was also a record-breaker for the Port of Vancouver USA, which reported the highest returns in its 108-year history: revenues totaling $50 million—a 15% increase from the previous year…
In the first two months of 2021, Brazilian iron ore exports have risen by 9.1% to 53 million tonnes, driven by China. So far this year, 35.2 million tonnes of iron ore has been exported to China, representing a 15.2% increase from the same period…
German container shipping company Hapag-Lloyd announced Wednesday it has reached a deal to acquire NileDutch, based in the Netherlands, strengthening Hapag-Lloyd's position in the African market.The sale and purchase agreement will see Hapag-Lloyd acquire all shares of Nile Dutch Investments B…
Three Teesside family firms have worked together to secure a post Brexit shipping deal, keeping business in the region and supporting the growth of Middlesbrough’s port facilities.Shipping companies Casper Shipping and Cockfield Knight, along with AV Dawson…
The Baltic Exchange's main sea freight index on Wednesday climbed to a near 1-1/2-year high as panamax rates scaled a more than 10-year peak on China grain demand.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities…
Danelec Marine and TeamViewe completed trials of a system for ship data transfer and remote access, an alternative to Virtual Private Networks (VPN) for Internet of Things (IoT) connectivity.The Danelec and TeamViewer solution claimes it will…
CM Labs Simulations launched a simulator training solution for rubber-tyred gantry (RTG) operators, which it says is the only RTG training solution that provides exercises for working with overheight, open-top, breakbulk, and liquid containers…
Valletta Cruise Port together with local authorities has worked on COVID-19 Cruise Operations Guidelines for a Safe Continuation of Cruising in Valletta, guidelines which accroding to the port have gotten the necessary approvals.“It has been a challenging time for the cruise community…
The Getting to Zero Coalition’s updated Mapping of Zero Emission Pilots and Demonstration Projects uncovers emerging trends, sees a strong climb in the number of identified projects as well as increased activities in Asia.The 'fuel of the future'…
